Question
The following transactions occurred this period for Zion Corp. as it created custom- order scented bubble bath: cost of labor, $15,000; cost of scented oils
The following transactions occurred this period for Zion Corp. as it created custom-
order scented bubble bath: cost of labor, $15,000; cost of scented oils used, $8,500; and applied MOH, $5,900.
Zion started the period with $3,600 in its WIP Inventory account. The total cost of jobs completed this period
was $29,200. What is the ending balance of Zions WIP Inventory account this period?
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Company Accounting
Authors: Ken Leo, John Hoggett, John Sweeting, Jennie Radford
8th Edition
0470819731, 978-0470819739
